Give & Take Mode

Updated on: 7 February 2024 6:08 pm

Give & Take Mode

IIM-A effected a 12% fee hike, from Rs 1.58 lakh to Rs 1.77 lakh per annum, on April 2 after a gap of three years
The institute’s students volunteered to raise Rs 2 crore, thus becoming the first batch to pass without subsidy
This, they say, is to largely offset an annual Rs 3.5 lakh spent per student, and justify the fancy salaries they get
The fee hike has been welcomed widely, and hailed as long overdue
However, there’s a feeling that the needy students should be identified and given scholarships or loans
Overall, it lays the roadmap fora subsidy-free MBA degree with novirtual burden on the taxpayer